Eco 403 yesterday mid exam

Short questions

  • Identify micro and macro issues from the given unemployment, inflation, consumer behavior, economic growth, supply and demand analysis of firm.
  • Differentiate between real and nominal exchange rate?
  • Write national income identity of open and close economy?
  • Write the solow growth equation of motion with population growth rate and describe each one in equation? 2.  Multiple question:
  • Society faces a Short run tradeoff between inflation and?
  • Gdp + foreign ìnvestment from abroad is equal to?
  • Labor force formula?
  • Disposable personal income?
  • Gdp + national income?
  • Diminishing marginal return?
  • Invisible hand by?
  • Real exchange rate formula?
  • Nominal exchange rate?
  • GDP formula?
  • Purchasing power parity formula?
  • Production function of slow growth model?
  • Population growth formula?
  • Golden rule when k* > k* gold?
  • According to slow growth model with technological progress L×E is what?
  • Theories in which high wages increase worker productivity?
  • Net export (NX) is equal to?
  • Classical theory of inflation?
  • Value added ?

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